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The firm has announced a plan to open more retail sales space in China in 2019.

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SPAR India opens 24th store.

New hypermarket located in Hyderabad

SPAR India reaffirmed its commitment to India with the opening of its 24th store in Hyderabad. Located within the Sharath Capital City Mall, it is the fifth SPAR hypermarket in this city. This milestone also marks a growth by 50% of SPAR India’s store network within just 24 months.

Mr. Rajeev Krishnan, SPAR India’s Managing Director said, “Here in Hyderabad we are delighted to showcase our promise of fresh, value, choice and service through retail innovation.”

More about SPAR India

SPAR hypermarkets offer a wide range of groceries and everyday essentials in many major cities around India. Targeting affluent and middle-income families, it is known for its value and strong fresh offers.

Find out more information the SPAR India here.

 

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SPAR China continues to implement its Fresh Quality Store strategy as it expands its store network across the market.

New store in Dongguan

SPAR International and local partner, SPAR Guangdong has opened a new supermarket in Dongguan. The store operates 1,300 sq m, carrying nearly 6,000 products. Half the assortment consists of fresh departments, with the retailer aiming to meet the growing demand for fresh products. The new store also carries a strong range of fresh nuts and natural oils to cater for shoppers changing habits for healthy products.

Offering shoppers greater convenience

To speed-up payment, the new store features a self-checkout system and shoppers can use a mobile scan-and-pay app. With 412 stores nationwide, SPAR China will continue its strategic focus on fresh and network expansion across the nine provinces, autonomous regions, municipalities where it has presence.

SPAR International has entered Malta in partnership with the Azzopardi Group.

Targeting 23 stores by 2025 with a focus on neighbourhood stores

The first store opened yesterday (June 12) in Marsaxlokk, south-eastern Malta, with the next due to open in Silema.

A further three stores are due to open this year, while SPAR International and Azzopardi Group are targeting 23 stores by 2025. Nearly 75% of these new stores will be neighbourhood stores, although a small number of hypermarkets and supermarkets are also planned.

At 340m², the first store it offers ‘the new SPAR Bakery Concept, a delicatessen, a large range of fresh produce, a coffee offering, freshly packed fish and meats, as well as a large selection of SPAR Own Brand products’.

Tobias Wasmuht: ‘strengthening our operations in Southern Europe and in the Eurozone’

Tobias Wasmuht, Managing Director of SPAR International said, ‘With a significant international and tourist population which is already familiar with SPAR, Malta is a great market for SPAR to develop. This launch marks another significant milestone for SPAR strengthening our operations in Southern Europe and in the Eurozone aligned with our expansion strategy’.

Follows 2018 market entries to Cyprus, Sri Lanka and Saudi Arabia, as well as re-entry to Greece

Earlier this year, SPAR International entered Cyprus, Sri Lanka and Saudi Arabia, while it also re-entered Greece.

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SPAR International has enjoyed ‘strong, continued growth’ in 2017, with sales rising 5.3%, on a constant currency basis, to €34.5 bn. SPAR International said its performance had benefited from its continued focus ‘to grow [its] presence through targeted expansion, and to drive retail development through expanding our multi-format retail strategy’.

Sustained expansion underpinning results

In 2017, SPAR International continued to enter new countries in conjunction with new partners, while its existing retailers sustained the pace of their store expansion too. As a result, SPAR International said:

  • Retail members had added 232 net new stores, bringing its global total to 12,777
  • Stores under the SPAR brand equated to over 7.4 m sq. m of selling space
  • By the end of 2017, the SPAR brand was operated in 48 countries globally. Its international presence was boosted by market entries in five countries: Belarus, Pakistan, Qatar, Saudi Arabia and Ukraine

Sales growing across all regions

At a global level SPAR International said sales grew 5.3%, on a constant currency basis, while by region, it noted:

  • Eurozone: sales rose by 4% to €16.2 bn, with SPAR Netherlands (+7.7%), SPAR Spain (+5.5%), SPAR Ireland (+4.8%) and SPAR Austria (+4.4%) outperforming. SPAR Austria’s continued investment in its operations, which stood at €650m, was called out as helping it to drive that level of growth in its home market. Meanwhile, in the UK, SPAR saw sales in local currency terms rise by 4%.
  • Central and Eastern Europe: SPAR International said it had ‘an outstanding year’, with total sales rising 17% to €5.2 bn. SPAR Croatia and SPAR Hungary were spotlighted, with the former seeing sales growth of 59%, driven by the acquisition of Rewe’s Billa stores, while the latter saw sales in local currency terms rise 8.8%. In Russia, SPAR said it continued ‘ to win market share’ with new stores and like-for-like growth helping drive total sales growth of 18.8% in 2017
  • Africa and the Middle East: SPAR International saw sales growth of 8.5%, to €5.7 bn, with its key country of SPAR South Africa underpinning results. Sales in the country rose 7% to €4.83 bn in constant currency terms
  • Asia: SPAR China continued to expand, ‘ transferring international best practice and multi-format stores in major cities of Southern and Northern China’. At the end of 2017 SPAR China operated 408 stores. In Thailand, following its market entry announcement, SPAR International said it had become ‘ firmly established in the market with over 30 stores opened in its first year of operation.’

SPAR International CEO highlights strategic focus

Discussing its 2017 performance, SPAR International’s chief executive, Tobias Wasmuht, said: “2017 was an extraordinary year of growth for SPAR Worldwide, with sustained growth across all 48 markets where SPAR operates. Our strategy launched in 2016 entitled ‘SPAR: Better Together’, is showing strong signs of benefitting our SPAR country operations internationally… A key focus throughout 2017 has been to grow our presence through targeted expansion, and to drive retail development through expanding our multi-format retail strategy. Operationally we are stronger as a result of investments in the supply chain and are generating more value through better buying and leveraging our growing scale in procurement.”

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